Page 334 - Bank-Muamalat-AR2020

332 BANK MUAMALAT MALAYSIA BERHAD About Us Our Leadership Our Strategy
ANNUAL REPORT FY2020

Notes to the fiNaNcial statemeNts
31 December 2020 (16 JamaDil awal 1442h)

47. FAIr vALuE MEASurEMENTS (CONT’D.)
(a) Financial and non-financial instruments measured at fair value (cont’d.)

Determination of fair value and the fair value hierarchy (cont’d.)
Reconciliation of financial assets at fair value measurements in Level 3 of the fair value hierarchy:
Group and Bank
31 December 31 December
2020 2019
rM’000 rM’000

At 1 January 2020 304,353 321,050
Gain/(loss) recognised in profit or loss 9,007 (2,954)
Purchases - 500
Sales (2,818) (14,779)
Foreign exchange translation difference (3,066) 536
At 31 December 2020 307,476 304,353

Group and Bank
31 December 31 December
2020 2019
rM’000 rM’000

Total gain/(loss) recognised in profit or loss for financial instruments
measured at fair value at the end of the financial year 9,007 (2,954)